|Bid||1.5900 x 4000|
|Ask||1.6000 x 1300|
|Day's Range||1.5650 - 1.6250|
|52 Week Range||1.0800 - 4.4200|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||0.91|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jun 12, 2019|
|1y Target Est||7.88|
Ardsley Partners was founded back in 1987 by Philip Hempleman, who is the fund’s current Managing Partner, Chief Investment Officer, and Portfolio Manager. He holds a B.A. degree from Indiana University and an M.B.A. degree from New York University. Prior to launching Ardsley Partners, Mr Hempleman gained rich experience working in various hedge funds and […]
Closing of the sale of Irish business and sale of Georgia assets further advances efforts to streamline the organization. Cost control efforts implemented in fiscal 2019 and earlier in fiscal 2020 have begun to yield results; total annualized cost savings initiatives announced so far in fiscal 2020 of approximately C$60 million, net of costs associated with severance and the strategic review process. Just Energy remains actively engaged in its strategic review process for its core North American business.
The market has been volatile in the last few months as the Federal Reserve finalized its rate cuts and uncertainty looms over trade negotiations with China. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF (SPY) by more than 10 percentage […]
There were 12 hostile bids, including unsuccessful attempts, out of a total of 77 for British companies in the 12 months to Oct. 31, accounting for 16% of the total, according to research from international law firm Pinsent Masons.
The Dutch food-delivery company, which is fighting off Prosus N.V. for control of its U.K. peer, urged Just Eat shareholders to accept its offer.
When it comes to M&A, cash is usually king. Not so for Just Eat which on Tuesday rejected an improved offer from Prosus saying the new bid still “significantly undervalued” the U.K. food delivery company.
Prosus (NL:PRX) the Amsterdam-listed investment vehicle of South Africa’s Naspers (ZA:NPN) had increased its all-cash offer by 30 pence a share to 740 pence a share on Monday, following “extensive discussions” with Just Eat (UK:JE) investors. Prosus has also lowered the threshold for shareholders to accept the deal from 75% to 50% plus one Just Eat share.
DOW JONES NEWSWIRES Budget airline easyJet PLC (UK:EZJ) is returning to the FTSE 100 index (UK:UKX) after a six-month absence in the latest reshuffle alongside food-delivery platform Just Eat PLC (UK:JE) FTSE Russell confirmed late Wednesday.
Just Energy Group Inc. (“Just Energy” or the “Company”) (JE) (JE) announced today that it has amended its senior secured credit facility to increase the senior debt to EBITDA covenant ratio from 1.50:1 to 2.00:1 for the third quarter of Fiscal 2020. In addition, the Company has amended the covenants on its senior unsecured term loan facility to increase the senior debt to EBITDA covenant ratio from 1.65:1 to 2.15:1 for the third quarter of Fiscal 2020. In connection with the amendments, the agreements governing both facilities have been changed to restrict the declaration and payment of dividends on the Company’s 8.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares (“Series A Preferred Shares”) until the Company’s senior debt to EBITDA ratio is no more than 1.50:1 for two consecutive fiscal quarters.
TORONTO, Nov. 29, 2019 -- Just Energy Group Inc. (“Just Energy” or “the Company”) (TSX:JE) (NYSE:JE) is pleased to announce that it has closed its previously announced sale of.
The big shareholder groups in Just Energy Group Inc. (TSE:JE) have power over the company. Generally speaking, as a...
The Dutch company, which is in the process of trying to buy its U.K. peer added that it expects the expansion to incur annual costs in the tens of millions of euros,
Just Eat shareholders have until December 11 to accept Prosus’ all-cash bid or choose Takeaway.com’s all-share merger
Prosus said its offer is now conditional on receiving acceptances from 75% of the Just Eat shares. The bid was previously conditional on Prosus securing the backing of not less than 90% of Just Eat shareholders.
Previously Announced Strategic Review Progressing Base EBITDA from Continuing Operations of $49.1 million Impact of Cost Control Efforts Beginning to Yield Results TORONTO,.
Amsterdam-listed Takeaway.com (NL:TKWY) agreed to merge with its London-listed peer in August via a scheme of arrangement. It said the combination offers a future value far superior to both Just Eat and Takeaway.com separately, and to the recent cash offer made by Prosus in particular. “By implementing the Takeaway.com offer instead of a scheme of arrangement, Takeaway.com will provide Just Eat’s shareholders with increased deal certainty,” it said.
The bidding war for Just Eat has become increasingly acrimonious after activist investor Cat Rock Capital on Monday launched a scathing attack on Prosus, accusing it of “undermining” the sale of the U.K. online food-delivery company. Prosus, the Dutch-listed vehicle owned by South African tech conglomerate Naspers, last week made a £4.9 billion hostile cash bid for Just Eat (UK:JE) in an attempt to gate-crash its already agreed merger with Takeaway.com, a Dutch food-delivery company. Cat Rock alleged that Delivery Hero (DE:DHER) the online food delivery company which is 22% owned by Prosus, was selling shares in Takeaway (NL:TKWY) to artificially lower the price of Takeaway’s stock and make its bid for Just Eat less attractive to shareholders.